台湾Swag

IRS Form 1098-T

IRS Form 1098-T is a tax document provided by educational institutions to students who may be eligible for tax credits or deductions related to higher education expenses. 

台湾Swag is not permitted to answer any tax questions or offer any tax advice. Student Financial Services team members cannot interpret the financial data that you may use to claim an educational tax credit.

The 1098-T form is informational only, and the IRS, accountants and taxpayers should not be using these forms verbatim.  The IRS requires that 台湾Swag provide the 1098-T statement to you for your use in completing IRS Form 8863.  Detailed information on charges, payments, grants, and scholarships is available by accessing your account activity in TouchNet庐 Bill+Payment鈩 via SelfService. 

The responsibility of a properly completed tax form belongs to the taxpayer, not to the colleges and universities. The IRS does not require that you claim a tuition and fees deduction or educational tax credit.

For further assistance, please consult.

Who Receives a 1098-T

Receiving a 1098- T

Each student who is enrolled and for whom a reportable transaction is made during the calendar year should receive a 1098-T Tax form. A 1098-T form, also known as a tuition statement, reports payments received and payment due from schooling. Any F-1 Student with an ITIN or SSN can request a 1098-T Tax form. Although your SSN or ITIN is not a requirement for admission to 台湾Swag, we are required to collect one or the other for tax reporting. You may fulfill the requirement using the  from the IRS. This form should be turned in to the Registrar鈥檚 Office in person, or submitted through their secure portal found on their webpage. 

台湾Swag is not required to provide, and does not provide a 1098-T for the following students:

  • Students whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships/grants
  • Students for whom you do not maintain a separate financial account and whose tuition and related expenses are covered by a formal billing arrangement between an institution and the student鈥檚 employer or a government entity, such as the Department of Veterans Affairs or the Department of Defense

How to Consent to Electronic 1098-T

Students may consent to receive their 1098-T Tuition Statement electronically via TouchNet upon login. Students will be prompted to complete the consent in TouchNet until the decision is made to opt in or decline electronic statements.  The benefits of electronic consent are as follows:

  • Online delivery provides access to the form 1098-T earlier than the traditional mailing process.
  • Online delivery eliminates the chance that the 1098-T will get lost, misdirected or delayed during delivery, or misplaced once the student receives it.
  • Signing up for online delivery is easy and secure.
  • Students can receive their 1098-T form even while traveling or on assignment away from their home address.

If you did not consent to electronic delivery of your 1098-T, a paper form will be mailed to you, post-marked by January 31. Forms cannot be sent by email.

How to retrieve your 1098-T Electronically

  • Log in to My台湾Swag
  • Select 鈥淪elf Service鈥
  • Select 鈥淪tudent Finance鈥
  • Select 鈥淐ontinue to Account Info/Payment Center鈥 (TouchNet)
  • Select 鈥淪tatements鈥 under My Account
  • Select 鈥1098-T Tax Statements鈥
  • Select 鈥淰iew鈥 for the desired Tax Year to display a printer friendly PDF 1098T statement. Any pop-up blocker must be off to correctly display your statement

Touchnet Authorized User Access:
(A student has to give access to the statement before an Authorized User can view it.)

  • Go to the Authorized User Login on
  • Select 鈥淪tatements鈥 under My Account
  • Select 鈥1098-T Tax Statements鈥
  • Select 鈥淰iew鈥 for the desired Tax Year to display a printer friendly PDF 1098T statement

Boxes of a 1098-T

Box 1 includes all payments received during the tax year toward qualifying tuition and related expenses (QTRE).  台湾Swag identifies expenses this way:

Qualified Tuition and Related Expenses INCLUDE:

  • Tuition
  • Program and course specific charges
  • Required General and Comprehensive Fees
  • Book Rental Fee
  • Student Activity Fee

Expenses NOT INCLUDED as Qualified Tuition and Related Expenses

  • Housing related charges
  • Dining, Meal Plans
  • Insurance (student insurance, malpractice insurance, travel insurance)
  • Late Fees, Interest on Past Due Account
  • Library Fines, Fees
  • First Year Fees
  • Parking Permit or fines
  • Department fees for non-return or damage (ie Books not returned,Chemistry Breakage)

Box 4 reports any adjustments to qualified tuition and related expenses (QTRE) made during the current tax year for a prior tax year. 

Box 5 includes scholarships/grant payments toward the list of non-QTRE items charged to your tuition account above. 

Examples of Scholarships and Grants reported in Box 5:

  • Corporation or employer under a third-party billing arrangement
  • DoD Tuition Assistance and any other support for servicemembers and dependents
  • Federal Pell, SEOG, or other grants
  • Institution scholarships/grants
  • Private nonprofit or other organization scholarship/grant payments
  • Scholarships restricted to room and board (Academic Affairs Housing Award)
  • State grant, including vocational-rehabilitation
  • Veterans鈥 benefits (Chapter 31, Chapter 33 (Post 9/11 GI Bill), and Yellow Ribbon)

Box 7 is the checkbox indicating if payments received during the tax year toward QTRE on the 1098-T are for an Academic Period beginning January-March of the subsequent tax year.  Spring charges are always billed in December of the prior year, which is why Box 7 may be checked on your 1098-T.